NATIONAL ECONOMICS UNIVERSITY SOCIALIST REPUBLIC OF VIETNAM

SCHOOL FOR ADVANCED EDUCATIONAL PROGRAMS Independence – Freedom – Happiness

SYLLABUS

1. GENERAL INFORMATION
Title: Capital Markets (FIN360)
Course number: Fin360
Finance major courses
Units: 3 credits
- Theoretical hours: 30
- Practical hours: 15
Prerequisite: Business Finance.

2. LECTURER’S INFORMATION
Full name: Đang Anh Tuan, PhD. Title: Senior Lecturer

Office Address: Room 9.09, A1 Building, National Economics University

Phone number: 0983 664 485

Email: tuanda@neu.edu.vn

Faculty/ Institute: School of Banking and Finance

3. COURSE DESCRIPTIONS
This course is an introduction to interest rates, financial intermediaries, and financial markets.
We will first cover the fundamentals of the financial system and interest rates. Then we will
consider the role of financial intermediaries and central banks. We will discuss monetary policy
and perspectives on money, banking, and financial markets.

The main topics will be covered as follows:

1. Introduction to the financial system;

2. Determination of interest rates, structures of interest rate;
3. Financial markets: stock, derivatives markets, and market efficiency
4. Operation and the management of banks and non-bank institutions;
5. Basics of monetary policy and the operation of central bank;

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4. LEARNING RESOURCES: COURSE BOOKS, REFERENCE BOOKS, AND
SOFTWARE
- Coursebook: Mishkin, Frederic S., The Economics of Money, Banking, and Financial
Markets. Global edition 11th, 2016.

Web: https://media.pearsoncmg.com/intl/global/ema_ge_mishkin_econmbfm_11/index.html

- Use an online database from lic.neu.edu.vn

Davidson Alexander (2008), How to understand the financial pages: a guide to money and the
jargon, Kogan Page Ltd. (Subject: Business&Economics/Finance/General).

5. COURSE GOALS
The study of the financial system is about its operations and the principles of these
operations. This course is designed to cover major parts of the financial system including financial
markets, banks, and other financial institutions, interest rates, exchange rates, central bank, and
monetary policy. This course emphasizes the core competencies of written and spoken discourse,
and teamwork.
Program
Course Learning Level of
Goal Description
Goals Outcomes competence
(PLO)
[1] [2] [3] [4]
Understanding the structure and operations of the
G1 financial system, financial markets, and the role of 2 III
players in the financial system
Understand different types of interest rate
G2 Explain the behavior of interest rate 1.1 III
Analyze structures of interest rate
G3 Understand the operation and management of 1.1 III
banks and operations of other non-bank institutions
Understand tools and implementation of monetary
G4 policy, money supply process, and the operation of 1.1 III
central bank

6. COURSE LEARNING OUTCOMES (CLO)

Course Level of
CLO Descriptions
goals competence
[1] [2] [3] [4]
G1 Understanding flows of funds and structure of the III
CLO 1.1 financial system, the role of players in the financial
system
CLO 1.2 Understanding structures and operations of the III
financial market

2
 Explain the characters of money and capital market III
CLO 1.3
instruments
Understand the roles and basic operations of III
CLO 1.4
financial intermediaries
Understand different types of interest rates: III
CLO 2.1
coupon, yield to maturity, interest rate calculation
Differentiate real and nominal interest rates; III
CLO 2.2
interest rates and return
G2 Calculate a bond price and explain the bond’s III
CLO 2.3
duration
CLO 2.4 Show how interest rates are determined and varied III

CLO 2.5 Analyze structures of interest rate III

Describe banks’ operations and principles of bank III

CLO 3.1
G3 management
CLO 3.2 Understand the operation of non-bank institutions III
Explain the money supply process and III
CLO 4.1
determinants of the money supply
Explain the structure and functions of the central III
CLO 4.2
bank- the FED
G4 CLO 4.3 Describe the goals, tools, and conduct of monetary III
policy
CLO 4.4 Differentiate monetary policy strategies: inflation III
targeting, interest rate targeting, monetary
targeting

7. COURSE ASSESSMENT

Assessment Assessment Percentage

Description Time CLO
methods indicators (%)

[1] [2] [3] [4] [5] [6]

Class participation points
will be based on general
Class Week 1- Attendance
class attendance, 10%
Participation 13 points
contribution to class
discussion
Midterm 60 minutes Week 7-9 1.1, 1.2, Multiple 20%
exam 1.3, 1.4,
3
 2.1, 2.2,
2.3, 2.4,
choice
2.5, 3.1,
3.2
Students will write a group
1.1, 1.4, Rubrics for
project and presentation. Week 8-
Term paper 3.1, 3.2, term paper 20%
The papers need to be 12
4.3, 4.4 presentation
submitted through Turnitin
The final exam of 90
minutes. Students have Questions
permission to take the final 3.1, 3.2, on theories,
University
Final Exam exam when they attend 4.1, 4.2, problems, 50%
schedule
more than 80% of the total 4.3, 4.4 and case
classes and hand in group studies.
assignments on time.
8. LESSON PLAN
8.1. Theoretical hours
Learning and teaching Assessment
Class Topics CLO
activities methods
[1] [2] [3] [4] [5]
Chapter 0 Textbook, Chapter 1+2;
Introduction to the Read carefully the syllabus
Course and TURNITIN 1.1, 1.2, provided;
Week 1
Overview of the 1.3, 1.4 Assign members into groups;
Financial System Video: How the economic
machine works?
Chapter 2 cont.
Chapter 4
2.1, 2.2, Textbook, chapter 4; Problems
Week 2 Understanding interest
2.3
rate

Interest rate behavior Textbook, chapter 5; Problems

Week 3 2.4

Chapter 6 Risk and

Textbook, Chapter 6;
Term Structure of
Week 4 2.5 Problems
Interest Rates

Week 5 Chapter 7 Stock Market 1.2 Textbook, chapter 7

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 The chapter on the Web
Week 6 Financial Derivatives 1.2 Problems

Week 7 Review

Week 8 Midterm Exam

Commercial Bank
Week 9 3.1 Chapter 9; Problems
Operations
Week Commercial Bank
3.1 Chapter 9; Problems
10 Management
Week Nonbank finance Reading: Chapter on the Web 2
3.2, 4.2
11 Central Bank Chapter 14
Week
12 Money Supply Process 4.1, Chapter 15

Week Monetary Tools and 4.3 Chapter 16

13 tactics
Week
14 Monetary Strategies 4.4 Chapter 17

Week
15 Review Chapter 1+2

8.2. Practical hours

Learning and teaching Assessment
Class Topics CLO
activities methods
[1] [2] [3] [4] [5]
1.1, 1.2,
Week 1 Chapter 2 Video + Assignment
1.3, 1.4
Case study Discussion;
2.1, 2.2,
Week 2 Chapter 4 Problems
2.3
Davidson, Part 1.1, 1.2
Problems;
Week 3 Chapter 5 2.4 Reading:
Davidson, Part 2. B
Mini Case study; Reading;
Week 4 Chapter 6 2.5
Problems

Week 5 Chapter 7 1.1 Reading and discussion;

5
 Problems
The chapter on the Web
Week 6 1.2 Problems
Financial Derivatives
Week 7 Review
Week 8 Midterm exam
Week 9 Chapter 9 3.1 Problems
Week 3.2, 4.1,
The chapter on Web 14 Problems;
10 4.2
Week 3.2, 4.1,
Chapter 15 Problems; Group presentation
11 4.2
Week
Chapter 16 4.3, 4.4 Problems; Group presentation
12
Week
Chapter 17 4.3 Problems; Group presentation
13
Week Consolidation and Group
Review
14 presentation
Week
Review Group presentation
15
9. COURSE REQUIREMENTS & EXPECTATIONS
Assignment and Exam
There are 1 group project (2.500 words), 1 midterm, and 1 final exam. The final exam of 90
minutes accounts for 50% of the total grade. Students have permission to take the final exam when
they attend more than 80% of the total classes and submit projects in Turnitin class. The Midterm
and Final exams are closed-book exams, so students can not use textbooks or other printed
materials. However, students can use 5 A4 sheets of self-hand-written learning notes.
Late Assignments
All assignments are due by the date and time specified in the assignment. Late assignments will be
penalized 10% per calendar day (not merely per class period) beginning with the due date. After
three late days, acceptance of the assignment is at my discretion. No extensions, and no exceptions.
It is your responsibility to know the due dates and to plan accordingly.
Class Participation
Class participation points will be based on general common guides to assess class participation
governed by The Center.
Communication:
I encourage discussion with me. You can communicate during office hours, by email, or during in-
class discussions. You also are welcome to make separate appointments. I will be available after
class, but only for short questions. I also encourage feedback on the classes, lectures, teaching, and
reading material.
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All materials presented in class lectures including PowerPoint presentations and those materials
given are the intellectual property of the instructor. Any reproduction or publication of this material
without prior written permission is strictly forbidden.
10. DATED: ……………………..
SCHOOL FOR ADVANCED FACULTY LECTURER
EDUCATIONAL PROGRAMS

Dr. Dang Anh Tuan